Monday, April 11th, 2011

WSJ CONFERENCE – WOMEN IN THE ECONOMY

Did you see this mornings WSJ? ┬áIt contains a special report about a WSJ conference where business and government leaders examined what’s holding women back in the workplace – and they set out an action plan for creating new opportunities.

When Sandra Day O’Connor graduated near the top of her class at Stanford’s law school in 1952, she received only one job offer: to be a legal secretary.

Opportunities for women have expanded dramatically since then. But there is growing evidence that the progress of women in America’s workplace has stalled and is now actually falling backward.

“Middle-management women get promoted on performance. Many middle-management men get promoted on potential. Performance vs. potential,” said Vikram Malhotra, chairman of the Americas for McKinsey & Co., which conducted research commissioned by the WSJ.

I’ll be posting more about this topic this week. Be sure to grab the WSJ in your office this morning and pull-out the special section. This is an important issue in the CPA profession.

  • "There is in every true woman's heart, a spark of heavenly fire, which lies dormant in the broad daylight of prosperity, but which kindles up and beams and blazes in the dark hour of adversity."
  • Washington Irving

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